Property Type: Condo / ApartmentOwnership: Strata

1207 8 LAGUNA COURT

New Westminster, BC V3M6M6

$559,000

2 bed2 bath1 parking1,448 sqftBuilt 1993
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Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$638/mo
Annual property tax
$3,351.55 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront
Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3145532
Listed
July 13, 2026
Time on market
On the market for 49 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Encore · Data source: CREA DDF.

Description

Waterfront living at the Quay. Welcome to the prestigious Excelsior. Great value here. 2 bed, 2 bath corner unit condo & 1448 sq ft. Very bright with floor to ceiling windows, HW floors, big kitchen/loads of counters & cupboards, Lrg lvg/dng rm for house size furniture & a covered deck to enjoy SW river views & sunsets. Fantastic layout w/huge master bdrm w/4 pc ensuite. Good size 2nd bdrm plus a 3pc bath & in-suite laundry. Well run complex w/proactive council. Upgrades include exterior, new elevators & roof. Pet friendly. EV chargers. Hotel-like amenities w/indoor Olympic size pool, Gym, Sauna & hot tub. Enjoy a evening stroll along the Boardwalk. Vibrant waterfront location close to Parks, Skytrain, transit, shops, restaurants & all levels of schools. PRICED TO SELL & a must see. (id:63159)

Values & Trends

This listing

$386/sqft

Building average

$389/sqft

2 active listing(s)

New Westminster average

$672/sqft

376 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — New Westminster

Monthly figures from the Fraser Valley Real Estate Board for New Westminster apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$582,400

Jul 2026

Average Sale Price

$573,877

Jul 2026

Monthly Sales

61

Jul 2026

Active Listings

387

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

35 days

Jul 2026

MLS® HPI Benchmark Price

$671,100
$561,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Vancouver

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

78,916

(2021 Census)

+11.2% since 2016

Density: 5,052.2/km²

Dwellings: 37,737

Median household income: $82,000

After-tax: $72,500

Immigrant population: 37.5%

Top countries of origin (% of total population)

  • Philippines6.4% · 5,050
  • India4% · 3,135
  • China3.6% · 2,880
  • United Kingdom1.6% · 1,285
  • Hong Kong1.6% · 1,250
  • Korea, South1.4% · 1,085
  • United States of America1% · 785
  • Taiwan0.9% · 725

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Power Alternate Secondary SchoolSecondary317 m
John Knox Christian - Secondary Campus(Independent)K-12433 m
Royal City Alternate ProgramSecondary721 m
Fraser River MiddleMiddle742 m
Al-Hidayah School(Independent)Elementary1.2 km
Purpose Independent Secondary School(Independent)Secondary1.3 km
Lord Kelvin ElementaryElementary1.4 km
PALS Autism Society (School Program)(Independent)K-121.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound Quayside Dr @ Laguna Court105 m
Northbound Renaissance Square @ Quayside Dr163 m
Westbound Quayside Dr @ 1200 Block168 m
Southbound 12 St @ Queens Ave315 m
Westbound Columbia St @ Royal Ave323 m

Nearby Places

Restaurants (5+)

  • Dan's Diner364 m
  • Boston Pizza380 m
  • DeDutch408 m
  • Pho Angkor · 78 Tenth Street492 m
  • Cockney Kings512 m

Cafes (5+)

  • Living Tree Foods · 1025 Royal Avenue396 m
  • Starbucks469 m
  • Serious Coffee580 m
  • Gong Cha586 m
  • Craft Cafe · 960 Quayside Drive708 m

Grocery (1)

  • Save-On-Foods · 1025 Columbia Street407 m

Parks (5+)

  • Columbia St Sq Park293 m
  • Port Royal Park478 m
  • Simcoe Park684 m
  • Red Boat Park743 m
  • Cornwall Park755 m

Shopping (1)

  • Shops at New West736 m

Gyms (3)

  • Oxygen Yoga · 1065 Columbia Street359 m
  • 4Seven BJJ · 131 Eleventh Street369 m
  • Dynamic Health and Fitness689 m

Pharmacies (3)

  • Pharmasave473 m
  • Imperial Pharmacy · 981 Carnarvon Street621 m
  • Shoppers Drug Mart · 811 Columbia Street788 m

Banks & ATMs (5+)

  • TD502 m
  • BMO530 m
  • Bitcoin ATM Localcoin · 71 Tenth Street572 m
  • Bitcoin ATM Coinsite · 900 Carnarvon Street594 m
  • H&R Block770 m

Nearby places data: © OpenStreetMap contributors.

School district: New Westminster (SD40)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($30,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$447,200.00
Periodic payment — Principal & Interest (monthly)$2,885.18
Additional monthly expenses (strata, tax, utilities, etc.)$989.78
Total monthly cost$3,874.96
Interest paid over 5-yr term$128,168.81
Balance at end of term$402,257.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,060.90

Cash Needed at Closing

Minimum down payment$30,900
Estimated BC PTT$9,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$41,580

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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